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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:06 EDTACAT, PIIArctic Cat, Polaris rise after analyst says shares attractive
Winter vehicle makers Arctic Cat (ACAT) and Polaris Industries (PII) are rising after KeyBanc analyst Scott Hamann wrote that demand for the company's products has increased in some regions of the country. Moreover, the increase in demand has occurred in regions that are more important to the companies, Hamann wrote in a note to investors earlier today after speaking with dealers. Concerns about weak snowfall and potentially slowing snow plow sales have created an attractive risk/reward ratio in the stocks, the analyst added. In fact, plow demand appears to be solid, and Arctic Cat and Polaris are both gaining share in the market, wrote Hamann, who maintained Buy ratings on Arctic Cat and Polaris. In early trading, Arctic Cat rose 2.65% to $37.97, while Polaris added 0.66% to $80.90
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April 17, 2014
08:29 EDTPIIPolaris Industries has reached attractive entry point, says BMO Capital
After conducting dealer checks in Las Vegas, BMO Capital reports that it was "highly encouraged" by the checks. The firm keeps a $155 price target and Outperform rating on the shares.

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